As of 2024-12-14, the Relative Valuation of Electrovaya Inc (ELVA.TO) is (0.85) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 3.60 CAD, the upside of Electrovaya Inc based on Relative Valuation is -123.7%.
The range of the Relative Valuation is (0.61) - (1.06) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 9.6x - 18.5x | 14.0x |
| Forward P/E multiples | 9.2x - 16.8x | 13.0x |
| Fair Price | (0.61) - (1.06) | (0.85) |
| Upside | -116.9% - -129.5% | -123.7% |
| Date | P/E |
| 2024-12-11 | -57.40 |
| 2024-12-10 | -58.20 |
| 2024-12-09 | -60.89 |
| 2024-12-06 | -60.73 |
| 2024-12-05 | -61.21 |
| 2024-12-04 | -61.21 |
| 2024-12-03 | -62.95 |
| 2024-12-02 | -58.83 |
| 2024-11-29 | -57.88 |
| 2024-11-28 | -58.20 |
| 2024-11-27 | -57.24 |
| 2024-11-26 | -59.62 |
| 2024-11-25 | -59.46 |
| 2024-11-22 | -52.17 |
| 2024-11-21 | -50.11 |
| 2024-11-20 | -50.43 |
| 2024-11-19 | -50.74 |
| 2024-11-18 | -52.65 |
| 2024-11-15 | -51.85 |
| 2024-11-14 | -53.28 |
| 2024-11-13 | -46.46 |
| 2024-11-12 | -46.46 |
| 2024-11-11 | -46.46 |
| 2024-11-08 | -47.41 |
| 2024-11-07 | -48.21 |
| 2024-11-06 | -46.62 |
| 2024-11-05 | -45.35 |
| 2024-11-04 | -45.35 |
| 2024-11-01 | -45.35 |
| 2024-10-31 | -45.19 |
| 2024-10-30 | -46.14 |
| 2024-10-29 | -46.30 |
| 2024-10-28 | -47.10 |
| 2024-10-25 | -47.25 |
| 2024-10-24 | -46.30 |
| 2024-10-23 | -46.46 |
| 2024-10-22 | -46.94 |
| 2024-10-21 | -47.10 |
| 2024-10-18 | -48.68 |
| 2024-10-17 | -49.16 |
| 2024-10-16 | -49.32 |
| 2024-10-15 | -48.68 |
| 2024-10-11 | -49.79 |
| 2024-10-10 | -47.41 |
| 2024-10-09 | -47.10 |
| 2024-10-08 | -49.00 |
| 2024-10-07 | -49.47 |
| 2024-10-04 | -49.95 |
| 2024-10-03 | -49.00 |
| 2024-10-02 | -50.58 |